Polaris (PII) Return on Invested Capital [ROIC] (2010 - 2025)
Polaris (PII) reported Return on Invested Capital [ROIC] of -11.57% for Q4 2025, down 18.23 percentage points from 6.66% a year earlier and down 12.73 percentage points from the prior quarter.
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Analysis
Polaris (PII) Return on Invested Capital [ROIC] (2010 - 2025) Analysis & Trends
For FY2025, Polaris posted Return on Invested Capital [ROIC] of -10.60%, down 17.46 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined for three consecutive years, with a five-year change of -26.14 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 6.86% in FY2024 (-10.65 pp), 17.51% in FY2023 (-3.15 pp), 20.65% in FY2022 (+0.55 pp) and 20.10% in FY2021 (+4.56 pp).
- The Q4 2025 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2010.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last nine quarters, with an average year-over-year change of -10.17 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2021 (a gain of 38.04 percentage points); the low point was Q2 2022 (a drop of 21.55 percentage points).
- Per Business Quant data, the three quarters before Q4 2025 came in at 1.16% (Q3 2025), 2.43% (Q2 2025) and 4.24% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,199.60 Bn | 1,034.16 Bn | 4.75 Bn | 3.70% |
| 2 | Toyota Motor | 237.87 Bn | -168.87 Bn | 20.95 Bn | 2.23% |
| 3 | Ferrari | 144.10 Bn | 136.55 Bn | 1.18 Bn | 24.03% |
| 4 | Honda Motor | 142.11 Bn | 9.49 Bn | 8.46 Bn | 3.66% |
| 5 | General Motors | 68.70 Bn | -36.17 Bn | 7.33 Bn | 0.95% |
| 6 | Ford Motor | 47.39 Bn | -95.07 Bn | 6.08 Bn | -2.19% |
| 7 | Rivian Automotive | 19.48 Bn | -3.81 Bn | 179.00 Mn | -38.30% |
| 8 | Magna International | 18.09 Bn | 15.65 Bn | 1.61 Bn | 32.21% |
| 9 | Stellantis | 12.78 Bn | -153.22 Bn | 5.55 Bn | -0.95% |
| 10 | Polaris | 3.06 Bn | 2.00 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -11.57% |
| Sep 30, 2025 | 1.16% |
| Jun 30, 2025 | 2.43% |
| Mar 31, 2025 | 4.24% |
| Dec 31, 2024 | 6.66% |
| Sep 30, 2024 | 8.56% |
| Jun 30, 2024 | 11.99% |
| Mar 31, 2024 | 13.90% |
| Dec 31, 2023 | 16.52% |
| Sep 30, 2023 | 18.99% |
| Jun 30, 2023 | 20.83% |
| Mar 31, 2023 | 21.28% |
| Dec 31, 2022 | 20.20% |
| Sep 30, 2022 | 18.23% |
| Jun 30, 2022 | 16.05% |
| Mar 31, 2022 | 16.56% |
| Dec 31, 2021 | 19.59% |
| Sep 30, 2021 | 33.65% |
| Jun 30, 2021 | 37.61% |
| Mar 31, 2021 | 21.64% |
API Access
Polaris Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "PII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();